BILLIONAIRE CARL ICAHN CASE STUDY
Billionaire Carl Icahn is worth an estimated $20 Billion. Many people don’t know that Carl Icahn has actually outperformed Warren Buffett over the most recent years. Don’t get me wrong, over the long run Buffett has created substantially more wealth than Ichan. However, he hasn’t done as well as Carl in the most recent years. He is in the top 5 hedge fund managers right now by measure of net worth.Carl grew up in New York City. In a tough area during a tough time back in 1936. What’s interesting about him is that he started a bit later than some of the iconic traders. A large portion of them began when they were teenagers. Icahn didn’t get into trading until he was a bit older.
CARL ICAHN PORTFOLIO STRUCTURE
CARL ICAHN PORTFOLIO
His average holding period is about 18 months Often he will make very short term plays that only last a few months. One of the benefits of activism is the ability to see much faster appreciation in share prices. His top 4 positions are more than 5% of his portfolio. His largest position is Icahn enterprises. Which makes up 47% of his portfolio. Icahn enterprises is the holding company that holds a combination of the multiple companies. Many of his positions are in the energy and industrial space. He also has done many deals in the past with pharmaceutical companies. Keep in mind Ichan spent two years at med school.
2803 Philadelphia Pike Suite B #231 Claymont, DE 19703